Insolvency and the Conduct of Directors

Download Insolvency and the Conduct of Directors PDF Online Free

Author :
Publisher : The Stationery Office
ISBN 13 : 0102939632
Total Pages : 72 pages
Book Rating : 4.1/5 (29 download)

DOWNLOAD NOW!


Book Synopsis Insolvency and the Conduct of Directors by :

Download or read book Insolvency and the Conduct of Directors written by and published by The Stationery Office. This book was released on 2006-02-02 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report by the Northern Ireland Audit Office examines the effectiveness of Insolvency Service arrangements for administering the legislation on the disqualification of company directors of insolvent companies on the grounds of unfit conduct (including negligence, incompetence or lack of commercial integrity). Conclusions of the report include that there is scope for the Insolvency Service to improve: the performance management of practitioners (both Official Receiver staff and insolvency practitioners) by actively monitoring the number of submissions not filed on time and enforcing targets; the monitoring framework to ensure evidence of unfit conduct is assessed in a consistent manner; and communication arrangements with company directors and dissemination of key information, including drawing up a joint action plan with other parts of the Department of Enterprise, Trade and Investment.

Directors' Duties in the Context of Insolvency

Download Directors' Duties in the Context of Insolvency PDF Online Free

Author :
Publisher : GRIN Verlag
ISBN 13 : 363887740X
Total Pages : 61 pages
Book Rating : 4.6/5 (388 download)

DOWNLOAD NOW!


Book Synopsis Directors' Duties in the Context of Insolvency by : Julia Honds

Download or read book Directors' Duties in the Context of Insolvency written by Julia Honds and published by GRIN Verlag. This book was released on 2007-12 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2006 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A, Victoria University of Wellington, course: LLM Research Paper, Master Abschlussarbeit, 59 entries in the bibliography, language: English, abstract: This essay deals with directors' duties, focusing on the duties that specially arise in the context of a company becoming insolvent. The relevant duties are those under sections 131, 135 and 136 of the Companies Act 1993. The drafting of these insolvent trading provisions in New Zealand has been criticised in the legal literature. This research paper considers not only this criticism but also deals with the more general debate about the value of insolvent trading provisions in general. Although the current drafting of the relevant provisions in New Zealand is not without minor flaws, the need for creditor protection requires the maintenance of insolvent trading provisions in general. Besides that, this essay looks at the remedies for breaches of directors' duties. The most important provision in this context is s 301 Companies Act 1993. Pursuant to this provision both the liquidator and individual creditors can enforce directors' civil liability. However, the possibilities of individual creditors to obtain payment directly to themselves are restricted. The final part of this essay considers the question whether a separate duty directly owed to individual creditors should be introduced. Although such a duty seems to have some benefits, it would not be commensurate with leading principles and ideas of Insolvency Law and should therefore not be introduced. It is the concern of this research paper to point out the many issues that arise in context of directors' duties and insolvency law and to show that it is important to strike an appropriate balance between the intended creditor protection and the entrepreneurial freedom of company directors.

Corporate Insolvency in Practice

Download Corporate Insolvency in Practice PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Corporate Insolvency in Practice by : Clare Campbell

Download or read book Corporate Insolvency in Practice written by Clare Campbell and published by . This book was released on 1991 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Governance and Insolvency

Download Corporate Governance and Insolvency PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1788979346
Total Pages : 448 pages
Book Rating : 4.7/5 (889 download)

DOWNLOAD NOW!


Book Synopsis Corporate Governance and Insolvency by : Keay, Andrew

Download or read book Corporate Governance and Insolvency written by Keay, Andrew and published by Edward Elgar Publishing. This book was released on 2022-02-04 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book provides a comprehensive analysis of governance issues that exist in relation to the management of insolvent companies, both while an insolvent company is still controlled by the directors and when it passes into the hands of an insolvency practitioner in a formal insolvency regime. Throughout, the authors argue that the two most important features of corporate governance are transparency and accountability and offer a detailed analysis of the relevant law and practice.

Company Directors' Responsibilities to Creditors

Download Company Directors' Responsibilities to Creditors PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135390339
Total Pages : 726 pages
Book Rating : 4.1/5 (353 download)

DOWNLOAD NOW!


Book Synopsis Company Directors' Responsibilities to Creditors by : Andrew Keay

Download or read book Company Directors' Responsibilities to Creditors written by Andrew Keay and published by Routledge. This book was released on 2007-03-12 with total page 726 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely work is the first to comprehensively examine directors' responsibilities to creditors in times of financial strife, as well as addressing when these responsibilities arise, and what directors should have to do to ensure that they comply with their obligations. Keay explores the relevant issues from doctrinal, normative and comparative perspectives and addresses the question as to when directors are liable for wrongful trading, fraudulent trading or breach of their duties to creditors and whether directors should be held responsible for the before mentioned. Besides the relevant UK legislation and case law, legislation and case law from Australia, Canada, Ireland and the United States are examined and compared and reforms which take into account the aims and rationale of the relevant legislation as well as creditors' interests are proposed and assessed. Importantly, new approaches for courts which would make the nature of the responsibility and its timing more precise are suggested. Company directors have certain responsibilities to creditors of their companies. In particular, they should avoid fraudulent and wrongful trading and consider, as part of their duties, the interests of creditors when their companies might be, or are, in financial difficulty. The work is precipitated by the lack of coherence in the consideration of wrongful trading and the recent delivery of important cases on fraudulent trading. Also, this timely work is the first to comprehensively examine directors' responsibilities to creditors in times of financial strife, as well as addressing when these responsibilities arise, and what directors should have to do to ensure that they comply with their obligations. Keay explores the relevant issues from doctrinal, normative and comparative perspectives and seeks to address the question as to when directors are liable for wrongful trading, fraudulent trading or breach of their duties to creditors and whether directors should be held responsible for wrongful trading and failing to consider the interests of creditors. Besides the relevant UK legislation and case law, legislation and case law from Australia, Canada, Ireland and the United States are examined and compared, and reforms which take into account the aims and rationale of the relevant legislation as well as creditors' interests are proposed and assessed. Importantly, new approaches for courts which would make the nature of the responsibility and its timing more precise are suggested.

Personal Liability and Disqualification of Company Directors

Download Personal Liability and Disqualification of Company Directors PDF Online Free

Author :
Publisher : Hart Publishing
ISBN 13 : 9781841130750
Total Pages : 0 pages
Book Rating : 4.1/5 (37 download)

DOWNLOAD NOW!


Book Synopsis Personal Liability and Disqualification of Company Directors by : Stephen Griffin

Download or read book Personal Liability and Disqualification of Company Directors written by Stephen Griffin and published by Hart Publishing. This book was released on 1999-03-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by Rt. Hon Mary Arden,D.B.E. The purpose of this new work is to provide an in-depth analysis of circumstances giving rise to the disqualification and personal liability of directors of insolvent companies. By way of introduction, the book commences by considering the legal indentification of a company director and the general corporate responsibilities and duties expected from a director of an insolvent company. Following the introduction, the first part of the work is devoted to an examination of the statutory provisions which may potentially render a director to be made personally liable to contribute to the debts and liabilities of an insolvent company. Accordingly, Part I of this book considers the law governing misfeasance proceedings, fraudulent trading, wrongful trading, phoenix companies and the misuse of corporate names under section 349(4) of the Companies Act 1985. Part II of the book involves an examination of the disqualification process under the Company Directors Disqualification Act 1986. The ability and powers of the courts to impose disqualification orders have generated an abundance of case law. Part II commences with a general analysis of the disqualification process before moving on to specifically concentrate its attention on section 6 of the Act, namely the disqualification of directors for unfit conduct. The final chapter of the work involves an analysis of the procedural aspects of the disqualification process. Table of Contents Part I - Personal Liability of Company Directors Chapter 1 - Introduction Chapter 2 - Misfeasance Proceedings Chapter 3 - Fraudulent Trading Chapter 4 - Wrongful Trading Chapter 5 - The Phoenix Syndrome Chapter 6 - Section 349(4) of the Companies Act 1985 Part II - Disqualification of Company Directors Chapter 7 - The Company Directors Disqualification Act 1986 Chapter 8 - Disqualification for Unfit Conduct in the Management of an Insolvent Company (section 6, CDDA 1986) Chapter 9 - Procedural and Evidential Matters Pertinent to the CDDA 1986

Uncitral Legislative Guide on Insolvency Law

Download Uncitral Legislative Guide on Insolvency Law PDF Online Free

Author :
Publisher :
ISBN 13 : 9789210557160
Total Pages : 0 pages
Book Rating : 4.5/5 (571 download)

DOWNLOAD NOW!


Book Synopsis Uncitral Legislative Guide on Insolvency Law by :

Download or read book Uncitral Legislative Guide on Insolvency Law written by and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to part three -- General features of enterprise groups -- Addressing the insolvency of enterprise groups: Domestic issues -- Addressing the insolvency of enterprise groups: International issues -- Decision of the United Nations commission on international trade law on part three and general assembly resolution 65/24

Insolvent Companies (Reports on Conduct of Directors) Rules 1996

Download Insolvent Companies (Reports on Conduct of Directors) Rules 1996 PDF Online Free

Author :
Publisher :
ISBN 13 : 9780110628516
Total Pages : 20 pages
Book Rating : 4.6/5 (285 download)

DOWNLOAD NOW!


Book Synopsis Insolvent Companies (Reports on Conduct of Directors) Rules 1996 by : Great Britain

Download or read book Insolvent Companies (Reports on Conduct of Directors) Rules 1996 written by Great Britain and published by . This book was released on 1996 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Disqualification of Company Directors

Download Disqualification of Company Directors PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1351795996
Total Pages : 246 pages
Book Rating : 4.3/5 (517 download)

DOWNLOAD NOW!


Book Synopsis Disqualification of Company Directors by : Jean Jacques du Plessis

Download or read book Disqualification of Company Directors written by Jean Jacques du Plessis and published by Taylor & Francis. This book was released on 2017-04-28 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Table of cases -- Table of legislation -- List of tables -- About the editors and authors -- Preface -- 1 Analyses, perspectives and jurisdictional overview -- 2 The United Kingdom -- 3 Australia -- 4 South Africa -- 5 The United States -- 6 Germany -- Index

Principles of Corporate Insolvency Law

Download Principles of Corporate Insolvency Law PDF Online Free

Author :
Publisher : Sweet & Maxwell
ISBN 13 : 0421966106
Total Pages : 1189 pages
Book Rating : 4.4/5 (219 download)

DOWNLOAD NOW!


Book Synopsis Principles of Corporate Insolvency Law by : Royston Miles Goode

Download or read book Principles of Corporate Insolvency Law written by Royston Miles Goode and published by Sweet & Maxwell. This book was released on 2011 with total page 1189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Insolvency Law is widely regarded as 'the' text on Insolvency law. Professor Sir Roy Goode's reputation as the "doyen of commercial law" has established a unique position for the Work as a leading authority in the field. The book provides a clear and concise treatment of the general philosophical principles underpinning Insolvency law. It works as an introduction to this complex area and as such it has a broad market, ranging from students and newly qualified practitioners to barristers in Court.

INSOLVENCY AND DIRECTORS DUTIES.

Download INSOLVENCY AND DIRECTORS DUTIES. PDF Online Free

Author :
Publisher :
ISBN 13 : 9780414061989
Total Pages : pages
Book Rating : 4.0/5 (619 download)

DOWNLOAD NOW!


Book Synopsis INSOLVENCY AND DIRECTORS DUTIES. by : BILL. BOONE

Download or read book INSOLVENCY AND DIRECTORS DUTIES. written by BILL. BOONE and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Directors' Duties and Liabilities

Download Directors' Duties and Liabilities PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351746774
Total Pages : 143 pages
Book Rating : 4.3/5 (517 download)

DOWNLOAD NOW!


Book Synopsis Directors' Duties and Liabilities by : Paul J. Omar

Download or read book Directors' Duties and Liabilities written by Paul J. Omar and published by Routledge. This book was released on 2018-10-24 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. The law relating to directors’ duties has fundamental implications across the business environment and yet few areas of business law have received so little detailed examination. This text provides fresh and incisive insights to the rules applying in ten major economic jurisdictions within Europe, with respect to directors’ legal obligations and liabilities. Written by the foremost figures in the field, each contribution outlines the statutory provisions that affect the work of company directors in each jurisdiction, including general legislation and specific laws covering the status of incorporated bodies. Fully illustrated with case-law examples the book provides a guide to the range of measures which national courts may provide for participants in corporate life seeking remedies for unsatisfactory governance of companies. It also features guidance on the specific bases for criminal and civil liabilities and examples of the range of penalties to which directors might be subject. The result is a work of unprecedented detail which will be welcomed by practitioners in the corporate sector, academics and researchers alike.

The Insolvent Companies (reports on Conduct of Directors) No. 2 Rules 1986

Download The Insolvent Companies (reports on Conduct of Directors) No. 2 Rules 1986 PDF Online Free

Author :
Publisher :
ISBN 13 : 9780110681344
Total Pages : pages
Book Rating : 4.6/5 (813 download)

DOWNLOAD NOW!


Book Synopsis The Insolvent Companies (reports on Conduct of Directors) No. 2 Rules 1986 by : Great Britain

Download or read book The Insolvent Companies (reports on Conduct of Directors) No. 2 Rules 1986 written by Great Britain and published by . This book was released on 1986-12-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Enabling power:Insolvency act 1985, s. 106 & Insolvency act 1986, s. 411 & Company directors disqualification act 1986, s. 21.. Issued:15.12.86.. Made:04.12.86.. Laid:08.12.86.. Coming into force:29.12.86.. Effect:S.I. 1986/611 revoked subject to rule 7 of SI.. Territorial extent & classification:E/W

Directors' Liabilities in Case of Insolvency

Download Directors' Liabilities in Case of Insolvency PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9789041196897
Total Pages : 0 pages
Book Rating : 4.1/5 (968 download)

DOWNLOAD NOW!


Book Synopsis Directors' Liabilities in Case of Insolvency by : Anker Sorenson

Download or read book Directors' Liabilities in Case of Insolvency written by Anker Sorenson and published by Springer. This book was released on 1999-03-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise in the number of cross-border transactions and large insolvencies in free-market countries has brought director liability to the foreground, most notably regarding positions that span multiple jurisdictions and do not involve an active role in management. Directors must be aware of the rules applicable in the countries in which they hold positions, especially where their companies face financial difficulties or insolvency. Numerous differences in the law exist, even between countries close in proximity and those which speak the same language and share the same legal history. The cost of failure to conform to applicable laws may be dire. Numerous factors hamper access to the applicable rules, however: the lack of a multi-national treaty dealing in depth with insolvency, corporate restructuring, or directors' liabilities; the lack of unity in applicable sanctions; the complex and numerous sources of jurisdictional rules (the Insolvency Act, the Corporations Act, and the Criminal Code, or some combination); the lack of jurisdictional consistency in classifying a particular behaviour as illegal; the significant role of a constantly evolving body of case law; and the instructions imposed on public prosecutors by governmental bodies. This book navigates these complexities, making the rules accessible for the reader. It sets out fact patterns which trigger liability in various jurisdictions and offers helpful real-world recommendations in a lucid, straightforward manner. The chapters follow the same basic frame and guidelines for ease of comparison. Lawyers and business people alike will appreciate this clear, practical guidance in a particularly challenging area of the law.

Directors' Duties During Insolvency

Download Directors' Duties During Insolvency PDF Online Free

Author :
Publisher :
ISBN 13 : 9780455218083
Total Pages : 350 pages
Book Rating : 4.2/5 (18 download)

DOWNLOAD NOW!


Book Synopsis Directors' Duties During Insolvency by : Helen Horsington

Download or read book Directors' Duties During Insolvency written by Helen Horsington and published by . This book was released on 2001 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most significant duty imposed on directors in the context of insolvency is the statutory duty to prevent insolvent trading contained in s588G of the Corporations Law. Duties are also owed to the company by Company secretaries, receivers, administrators, administrators of a Deed of Company Arrangement and liquidators. With Australia moving into uncertain economic times, these duties warrant careful attention by directors, officers and their advisers. "Directors' Duties During Insolvency" provides an invaluable roadmap through the rapidly changing landscape of statute and case law in the field.

Company Directors

Download Company Directors PDF Online Free

Author :
Publisher :
ISBN 13 : 9780198754398
Total Pages : 0 pages
Book Rating : 4.7/5 (543 download)

DOWNLOAD NOW!


Book Synopsis Company Directors by : Simon Mortimore

Download or read book Company Directors written by Simon Mortimore and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new edition of the established authority on the law relating to directors of companies incorporated under the UK Companies Acts. The new edition features all important developments in the law including the Small Business, Enterprise and Employment Act 2015 which improves transparency (including requiring directors to be natural persons unless exceptions apply), simplifies company filing requirements, clarifies the application of general duties to shadow directors, modernises directors' disqualification and reforms insolvency law to facilitate proceedings where there has been wrongdoing. There has been a wealth of new case law relevant to directors' duties before the English courts, all of which are analysed and explained, including the Supreme Court decisions in Prest v Petrodel Resources, Jetivia v Bilta (UK), FHR European Ventures v Cedar Capital Partners and Eclairs Group v JKX Oil & Gas, the Court of Appeal decisions in Smithton Ltd v Naggar and Newcastle International Airport v Eversheds as well as the important High Court decisions in Universal Project Management Services v Fort Gilkicker, Madoff Securities International v Raven and the wrongful trading case, Re Ralls Builders. Non-UK cases are also analysed including Weavering Macro Fixed Income Fund Ltd v Peterson in the Cayman Islands' Court of Appeal and the 2016 decision of the Hong Kong Court of Final Appeal Chen v Jason. In keeping with developments in case law and legislation the book now includes expanded coverage of multiple derivatives claims, directors' exposure to third party claims and a new chapter on civil remedies for market abuse. The third edition is a complete reference work on the law relating to company directors and is the first port of call for all serious corporate lawyers and scholars on this subject.

Directors' Duties During Insolvency

Download Directors' Duties During Insolvency PDF Online Free

Author :
Publisher :
ISBN 13 : 9780455223490
Total Pages : 0 pages
Book Rating : 4.2/5 (234 download)

DOWNLOAD NOW!


Book Synopsis Directors' Duties During Insolvency by : Allens Arthur Robinson

Download or read book Directors' Duties During Insolvency written by Allens Arthur Robinson and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an overview of the theoretical framework of directors' duties and the ways in which breach of such duties may be utilised to recover money for distribution to unsatisfied creditors of insolvent companies. Comments on recent developments such as the report published by the Federal Corporate and Markets Advisory Committee (CAMAC), Corporate Duties Below Board Level, which recognises the realities of modern corporate structures and the fact that many significant decisions are made by managers without reference to the board.